Wednesday, May 20, 2009

Who is going to pay them?

So the voters of California said NO to higher taxes to make up for the budget shortfall. Interesting but they do realize the ramifications? That means a lot of services they expect need to be cut. But they have already been complaining about these services being cut. Some unions have protested over cut backs in healthcare and laying off workers. They don't seem to understand the basic problem here.

Who is going to pay them?

A clothing maker in Illinois was going to be shut down and the assets sold off to pay the bank loan. The workers threatened to stage a sit in in the factory, to basically seize the property and demand that their jobs not be eliminated. They blamed the bank in this case and not the company that had to file for bankruptcy. Why? Banks don't run clothing manufacturers. They have a claim to the assets because they made the loan. They will find someone to pay back the loan or they will sell the assets to get their money back. But the workers don't think this is fair and they demand to continue to be employed. It doesn't matter that no one is buying their clothes anymore and that is why the company declared bankruptcy.

Who is going to pay them?

Workers for Chrylser in Kenosha are going to lose their jobs because the plant is closing. They are upset because they weren't told this was going to happen. Now they are trying to keep the plant open and save the jobs. It doesn't matter that no one is buying cars- let alone Chrysler cars because quality sucks- but they want to be paid to make vehicles that are not selling. With the new mileage standard the president is demanding it will make these care not only more expensive but less safe. No one is going to want these crappy cars.

Who is going to pay them?

If no one is going to pay them then these services and products must be cut. Sure it is cold blooded it is the truth. It is time we realize that failure happens. It is only then that the country can become stronger. We cannot fool ourselves into thinking that we can just make stuff for the sake of paying people to work.